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MB-310 · Question #309
MB-310 Question #309: Real Exam Question with Answer & Explanation
The correct answer is B. The new books of the new fixed asset contain the date of the reclassification in the Acquisition C. All books for the existing fixed asset are created for the new fixed asset. D. The existing fixed asset transactions for the original fixed asset are canceled and regenerated for. See the full explanation below for the reasoning.
Question
A company uses Microsoft Dynamics 365 Finance. You need to reclassify a fixed asset. Which three actions does the system perform when an asset is reclassified? Each correct answer presents part of the solution. NOTE: Each correct selection is worth one point.
Options
- AThe system will generate reclassification journals.
- BThe new books of the new fixed asset contain the date of the reclassification in the Acquisition
- CAll books for the existing fixed asset are created for the new fixed asset.
- DThe existing fixed asset transactions for the original fixed asset are canceled and regenerated for
- EThe new fixed asset only cancels out possible depreciations because the reclassification date is
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